The world’s most famous bag has just sold for a record €8.6 million at Sotheby’s Fashion Icons sale in Paris, following a bidding war reportedly involving newlywed Amazon bride Lauren Sánchez and ending with a two-minute standing ovation.

Welcome to the Investment. These are the pieces—a little pricier, a lot nicer, and entirely worth the money—that our editors love and respect. The picks with a story to tell and a real reason to exist. Looking to put your dollars in the right place? Here’s how.

The unique and original Birkin bag that fashion house Hermès made for actor and singer Jane Birkin has sold for 7 million euros or $8.2 million at auction in Paris.

The viral Hulken rolling grocery bag is officially 20% off this Prime Day, and you'll need to get your hands on it before it sells out.

A Reddit post from an alleged airline employee is alerting travelers about a scam in which fraudsters collect discarded bag tags to submit false reimbursement claims.

The Old Navy Faux-Leather Drawstring Straw Tote is on sale for 50 percent off today, bringing the price down to $15. Its woven exterior and brown straps remind us of the roomy bag Meghan Markle once carried,

All you do is spray it on the fabric, give it a quick tug, and many (if not all) of the wrinkles come out. Bonus? It adds a fresh scent and helps remove odors too—a game changer when you’re wearing garments multiple times between washes (another key to packing carry-on-only).

One of Kate Middleton’s go-to handbag brands, Aspinal of London, has launched a huge summer sale that sees its work-appropriate tote bag slashed from £425 to £170